The answer is $3500.
You are simply asking for the equivalent of 2 points for the mortgage of $175,000. Since 1 point is equal to 1% of the mortgage, 2 points is 2% of the mortgage then.
Equation:
Y = P% * X
Y = 2% * 175000
Convert P into decimal: P = 2/100 = 0.02
Y = 0.02 * 175000
Y = 3500
Answer:
Monopolistic competition
Explanation:
If Nori's company decisions need to be made taking the decisions of competing companies into account, it means that Nori's company operates in Monopolistic competition. This is because Monopolistic competition is an economic concept, which presents a situation where a company has several competitors. In this type of market, the decisions of a company in relation to production, distribution and price, interfere in the decisions of its competitors, who need to maintain competition and look for a way to obtain advantages.
Idk Sorry :-( :-) I wish I could help
The correct answer is D: model the behavior whenever appropriate.
